Anthony Albanese has revealed the government’s bill to wipe $3 billion off Australia’s collective HECS debt has finally been introduced to parliament. The measure was announced prior to this year’s Federal Budget and many have been patiently waiting for it to go to the next step.
It’s expected to deduct around $1,200 from the average student loan debt, which has been calculated to be $26,500. Teal MP Monique Ryan, who has led the charge for an overhaul of the HECS system, told Yahoo Finance this could be the tip of the iceberg.
“This is just the beginning of a significant change to our…